The Economist Reviews Roadside MBA

The book… succeeds admirably in its main aim, providing fresh examples to illustrate the basic tenets of MBA theory. In doing so it cleverly addresses two different markets: MBA students who want fresh grist to their mills and roadside businesspeople who want an introduction to management theory…

The picture that emerges from “Roadside MBA” is a surprisingly uplifting one: of a country that is still abuzz with enthusiasm for business.

But apparently the stuffy folks at the-magazine-that-calls-itself-a-newspaper don’t think we’re all that hilarious:

The authors, who are all professional economists as well as business-school professors, illustrate the one solid rule of their profession, that economists are never as funny as they think they are.

OK, fine. So we’re not funny in a absolute sense… but what about relative to other economists? Hmmmmm????

And finally, we simply must point out that we never connected Hamilton to the Federal Reserve, as the reviewer suggests we did. See page 61. (Alexander Hamilton died in 1804, while the Fed wasn’t established until 1913.)